While Ethereum has been seen as a competitor to BTC, the DAO crowd sale is about to reach its first price increment and it has already raised 65M USD. The USD price of ETH and BTC have both risen. This shows that there in not a predatory relationship occurring but rather a symbiotic one. The two serve diverse enough needs that they can grow by offering enough of what the other cant. I know the DAO is still a concept and could easily fail. So was BTC when it was first proposed and despite all the skepticism it succeeded. The DAO is a valid objective. What BTC offers is the most accessible and secure network. I hope more energy is focused on how the two ecosystems can evolve symbiotically and ignore the wasted energy of predation while there is a world of fiat to colonize.
The difference between BTC and ETH is that BTC did never fork over money being stolen, so now thanks to ETH we know we never have to put money on that thing if we want an immutable, stable chain that is not prone to hard forks all the time.
I think differently. If the ETH hard fork because the money is stolen, I will think that my funds is safe in ETH.
That is right. But in the future, the ETH will become PoS. It is more difficult to do this kind of hard fork in the future.
After the PoS, there will be no controversial hardforks. Otherwise it will definately create more Ethereums.
